Telecom Italia S.P.A. (OTCMKTS:TIIAY) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Telecom Italia S.P.A. (OTCMKTS:TIIAY) have been assigned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the company.

Several equities research analysts have recently weighed in on TIIAY shares. Barclays reissued an “overweight” rating on shares of Telecom Italia in a research note on Monday, January 26th. Deutsche Bank Aktiengesellschaft downgraded shares of Telecom Italia to a “hold” rating in a research report on Friday.

Telecom Italia Stock Performance

Shares of Telecom Italia stock opened at $7.64 on Friday. Telecom Italia has a twelve month low of $2.66 and a twelve month high of $7.82. The company’s fifty day moving average is $6.59 and its 200 day moving average is $5.86. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.84 and a quick ratio of 0.82.

Telecom Italia Company Profile

Telecom Italia S.p.A., commonly known by its brand TIM, is Italy’s leading integrated telecommunications operator. The company offers a comprehensive range of fixed‐line and mobile voice services, high‐speed broadband access, and digital television solutions to residential, corporate and wholesale clients. Telecom Italia designs, builds and manages network infrastructure, including fiber‐optic and wireless systems, to deliver reliable connectivity across urban and rural markets in Italy.

Beyond traditional telephony, Telecom Italia has expanded into information and communications technology (ICT) services, providing cloud computing, cybersecurity, Internet of Things (IoT) platforms and data analytics solutions.